CloudBet Review 2024

Cloudbet is a bitcoin casino that was established in 2013 in Montenegro and is operated by CB Holdings. Under licensing and regulation from Curacao eGaming and E-Gambling Montenegro, it functions as a sports betting platform and an online casino. Although it is widely popular as a crypto-only venue, currently they are pondering adding fiat currencies as well. 

Historically, it is one of the first online casinos in the crypto betting market. Since the earliest days of its founding, Cloudbet casino has managed to maintain its top-notch position as one of the best bitcoin gambling sites. It actually holds a world leader title in bitcoin sports betting and bitcoin casino.

The venue encourages gamblers from across the globe to enjoy the benefits of blockchain technology. These advantages include speed, transparency, security, and low cost. As one of the best choices for crypto gamblers, in particular, the site accepts 12 top currency coins. The most widely used ones – like Bitcoin, Litecoin, Ethereum, and Dogecoin – are included. It is a huge benefit for experienced players

Historically, it is one of the first online casinos in the crypto betting market. Since the earliest days of its founding, Cloudbet casino has managed to maintain its top-notch position as one of the best bitcoin gambling sites. It actually holds a world leader title in bitcoin sports betting and bitcoin casino.

The venue encourages gamblers from across the globe to enjoy the benefits of blockchain technology. These advantages include speed, transparency, security, and low cost. As one of the best choices for crypto gamblers, in particular, the site accepts 12 top currency coins. The most widely used ones – like Bitcoin, Litecoin, Ethereum, and Dogecoin – are included. It is a huge benefit for experienced players

using cryptocurrencies. Such a choice of coin options enables them to choose a currency to play with depending on current exchange rates.

And those of you who are new to crypto and do not own any for the moment, do not get sad though. Through the Cloudbet site, you will be able to buy Bitcoin directly. No wagering requirement on the welcome bonus and no withdrawal limits either. Instant withdrawals are another banking highlight that could contribute to your decision. 

However, not only payment methods available make this casino to the top. It is also a well-designed website that houses over 2,000 games from more than 60 software providers. There are plenty of unique arcade games and slots, along with live casino games. The venue also has a sportsbook and provides e-sports options. 

Notwithstanding the long list of all the pros, some questions might still be a little more nuanced as things are not just black and white. Thus, sometimes, it is worth diving deeper into a gambling site to find out what one can expect in reality. Therefore, here we are, having analyzed all the aspects of the casino for you. We represent our comprehensive Cloudbet review for you to be aware of what exactly you are getting into. Let’s start!

License and Registration

If you are a bitcoin player, most probably, your very first question will be: is Cloudbet legit? 

As we have already mentioned, this crypto gambling site holds licenses from two reputable gambling establishments: the Montenegro e-Gambling Commission and the Curacao eGaming authorities. Functioning under these licenses enables the site to accept punters from more countries, unlike other crypto online casinos. The company has headquarters in two countries and several more support offices around the world.

During signup, it does not require providing any sensitive private data. It means that the level of risk is much lower than it might be on sites that use fiat money. All transactions here are encrypted according to stringent safety standards. Privacy and protection policies are, too, rather transparent and clear. 

This gambling site operates like a typical bookmaker. You have an opportunity to place bets on the same sports that you usually would. The selection of their games is quite good. And in case you would like to have a break from sports betting, the platform also provides casino games. The great difference, though, is that you bet with crypto coins and the venue is continuously enriching the choice available. 

Thus, the signup process takes less than a minute. Here, you do not have to provide any personal information. All you will need is an email address and a password. No name, no address, and no documentation either. And yet, we probably would advise using two-factor authentication to keep your account safe. Feel free to resort to Google Authenticator in that regard.

However, while studying other Cloudbet reviews out there, we have encountered several examples of customers being required to give personal identification. And thus, we cannot state that this gambling site is a 100% anonymous bookmaker. Some players might have to provide data on themselves, though. It especially could be important for those who deposit or withdraw large sums of cryptocurrency.

Casino Features 

First of all, let’s explore some valuable information about the top three gaming software providers that were integrated into this bitcoin casino.

Microgaming

Having 26 years of expertise in designing and developing online casino software behind its back, Microgaming asserts it created the very first online casino game in the world back in 1994. By now, it has released over 700 slot and table casino games. On Cloudbet, you will be able to find Adventure Palace, 108 Heroes, Craps, and many more from this provider.

NetEnt

NetEnt (stands for Net Entertainment) is one of the leading and oldest casino game software developers in the entire online gambling market. It is justifiably known for high-quality games. Since its foundation in 1996, the company has developed and designed more than 200 online casino games. 50 of them are available on Cloudbet, including such popular plays as Divine Fortune, Grand Spinn, Gods of Gold, Scruffy Duck, and Sparks.

Evolution Gaming

Since its founding in 2016, it is an acknowledged casino software company that has primarily focused on Live Dealer games. It enables players to relish real-time high-definition streaming from a land-based casino. To date, Evolution Gaming has developed over 3,000 live dealers and more than 300 table games. Gaming options from this provider on Cloudbet cut across baccarat, blackjack, roulette, and other casino games.

The entire list of software providers here also includes the following companies: Booming Games, ELK Studio, Leander Games, Playson, Tom Horn Gaming, Play’n Go, Vivo Gaming, Ezugi, Leap Gaming, Quickspin, and many more. 

The Cloudbet casino review is impossible without observing gaming options. In fact, the games here feature an appealing blend of immortal classics and exciting and new arrivals. Slots gain the most prominence, even though the platform primarily focuses on sports betting.

Yet if the pace of the latter has somewhat fatigued you, feel free to check out the online casino that the platform has to offer. Be sure to find a strong selection of games including also keno gaming options as well as a choice of an instant win. 

So, the overall game selection contains, in particular: 

• 750+ Slot games in total
• 20+ Jackpot slots
• 35+ Blackjack games
• 15+ Roulette options
• 5+ Baccarat games
• 45+ Video poker alternatives

The entire choice is complemented by table poker games, Sic Bo or Craps options, Keno games, Bingo alternatives, and many other casual games, summing up to more than 1000 gaming options. 

Slots

The variety of slots is rather extensive and features more than 500 various games. All of them are top quality, work as you expect them to, and ensure lots of fun. In addition, they have high enough betting limits. The most popular gaming options under this category include:

• House of Doom
• Big Win Cat
• Wild Rails
• Book of Dead
• Rise of Merlin

Table Games

The Cloudbet table games are pretty fast and provide a crisp experience. It is also worth noting that they come with some of the highest bet limits in the market. Besides the impressive selection, you are encouraged to relish some timeless classics under this category, in addition to some special versions of popular games. The top picks include:

• Classic Blackjack Gold Series
• Hold’em Fold’em Poker
• Deuces Wild
• Vegas Single Deck Blackjack Gold Series
• Double Double Bonus Poker

As for the live dealer games, they have recently become extremely popular. Players favor them due to the visibility they offer as well the added interaction. The site provides users with various alternatives of Blackjack, Baccarat, and Roulette. 

What makes Cloudbet stand out among other online gambling sites is that they offer several name-brand games. It is quite eye-catching, given that most other casinos suggest only knock-off or generic games. Here, though, you will be able to enjoy, say, Gladiator and Dr. Jekyll & Mr. Hyde. Not so many name-brand options for the moment, yet it will be great if the site proceeds with adding more of them to the lineup in the future.

Another thing that any gambler will appreciate the online casino for is that, in the lobby, they publish the live RTP of every game. It gives an overview of what is actually happening. And, during our Cloudbet review, we have to report that RTPs here appeared pretty high overall: 96-98%! 

So, a great mix of a broad game selection, live dealer games, high-quality graphics, and name-brand gaming options justifiably makes this platform worth test driving. And do not miss the New game suit titled “Provably fair” featuring games with 97% RTPs inter alia. 

Betting Options

The platform features more than 100 pre-match and in-play markets. If you are one of those who want to be in the loop and, thus, are keeping an eye on periodic monthly sports events, we then advise you to sign up for the Cloudbet sports newsletter that will let you stay on the ball.

This sportsbook site covers all the major sports, thus you can wager on your favorites. It prides the best odds for Bitcoin betting on the major leagues like NBA and NFL as well as tennis and cricket. The only drawback probably is the absence of any unusual sports. 

Yet, wide soccer coverage shown from around the world provides players with access to an impressive variety of betting action taking place in Australia, the US, Africa, the UK, Asia, and many European countries.

The ice sports lovers can benefit from placing their wagers on games like ice hockey and curling, the popularity of which is ever increasing these days. Whereas motorsport fans can tap into racing bets.

This betting platform is ranked among the most advanced bitcoin sportsbooks for a reason. It provides players with an opportunity to bet live or even schedule events while on the go or from their own homes. It is a huge advantage for bettors who are searching for flexibility in sports betting. Today, the ability to access favorite and popular sports – be it from a desktop or a smartphone – is an expected and inseparable part of the whole bundle. Cloudbet measures up well in this context.

Here is the list of sports types to bet on, in particular: 

• Boxing
• American Football (NFL)
• Cricket
• Baseball
• Futsal
• Basketball (including Australia, Argentina, Europe, Brazil, Korea Rep, Israel, USA, and Spain) 
• Motor Sports
• Floorball
• Snooker
• Handball
• Tennis
• Ice Hockey (among them games from Belarus, Austria, Denmark, Czech Republic, Europe, Norway, Finland, Russia, Germany, Italy, Sweden, Switzerland, Slovakia, and USA (AHL, NHL))
• Martial Arts (MMA), UFC
• Bandy (Ice)
• Waterpolo
• Soccer leagues (from across the globe)
• Rugby Union and Rugby League

There are also a lot of options in live betting. Live betting means that you can  also bet on sports or games where it is already on. The odds are continuously changing. It makes the betting quicker and more hectic. If you are keen on fast action, this live betting is for you.

Live betting choices are available to: 

• Tennis
• Soccer
• Handball
• Basketball
• Volleyball
• Futsal
• Snooker
• Ice Hockey

And, by the way, do not forget to check out the newly added section of Kabaddi!

User Experience

What is good about sorting on this sportsbook is that you can easily find what you are looking for. On the left side of the website, you will be able to sort by sport. Having selected a sport, the site suggests a very intuitive setup for you to keep drilling down into your favored bet of choice.

However, what this sportsbook’s sorting lacks is the ability to sort by bet type. This is a sorting option that many players would definitely like to have. Thus, we hope that the betting platform would consider adding sorting by bet type at some point in the future.

Another advantage that distinguishes this sportsbook is the ability to change how users’ odds are displayed easily. Whichever sportsbook page you are on, there will be a drop-down allowing you to toggle between views freely. In total, you can choose from five various odds views. You can select among Decimal, American, Hong Kong, Fractional, and Malaysian odds formats. This feature – of how odds are displayed –

is impossible to find in any other online sportsbook. 

There also were reported no issues with the website speed and no failed page loads either. It looks like the platform is well-equipped to cope with everything that it has to. To top it off, Cloudbet provides its sportsbook customers with the opportunity to change the general view of the page. By default, it displays in a European format, which is more familiar to most of us. Yet, if you want, you can choose to view the page in an Asian format. 

Reputation

These days, forming an opinion about one’s reputation might be very tough. Even though there are several review platforms that claim to publish only real users’ feedback, it is not always the case, unfortunately. 

Frequently enough, review platforms contain fake reviews not only from competitors but also from users who might have mistakenly understood some terms of service. 

That is why the only thing that is actually obvious is that there are, in part, positive and negative reviews published. The overall score of Cloudbet, having studied all major review sites, comes near 4 (of 5). 

However, there is one “red flag” that we cannot omit here. Its account on AskGamblers, as indicated, was terminated due to its unresponsiveness. The stats of TrustPilot, too, claim that their complaint response time is about 2 weeks. And the overall number of negative reviews they have replied to is only 24%. 

Bonuses and Perks 

With the Cloudbet welcome bonus, we will be straight. It can be a bit discouraging at first because it is not a straight-up deposit match. In fact, you deposit and play, and afterward, the bonus will be incrementally allocated to you, up to a total of 5 BTC. Yet, let us explain in more detail as there is no reason to claim “Cloudbet no deposit bonus”. 

You will get Cloudbet loyalty points for each wager that you make. The bonus cash will be allocated as you gather the points in particular increments until you gain the maximum bonus available. The bonus you get and the number of points required depend on the currency you deposit in, thus be sure to check in advance.

Basically, it does not look like a usual casino matching deposit bonus. It seems to be more like a loyalty reward scheme. It has its pros and cons, yet what is clear enough is that the casino rewards its users for their play.

Some bare facts about the Cloudbet welcome bonus are:

• The minimum deposit to get a bonus is 0.001 BTC, 0.01 ETH, 0.03 BCH, 0.1 DASH, 0.1 LTC, 0.01 PAXG, 1 LINK, 20 USDC, 20 USDT, 20 PAX, 100 DOGE, or 20 DAI.
• As soon as you collect enough points, the bonus automatically will be added to the account.
• After the deposit, you will have 365 days to claim the bonus.
• You can use the bonus in Sportsbook or Casino.
• Instant bonus withdrawal available with no wagering requirements.

Having checked the calculation formulas of the points that will release a bonus, we have to claim them a little complicated. It should not be an issue for those who select a currency and have a choice of favorite games to recurrently go back to. In such a case, gaining points should be an easy routine. On the downside, this bonus is hardly going to do the trick for those with a smaller budget and hoping to land a few free chips right off the bat. 

However, to the latter, we advise taking advantage of Tuesday Free Spins and Thursday Deposit Bonus. 

Zero-Margin Sports Bets is another perk for bettors. The sportsbook offers zero margin odds on different competitions. It guarantees them the best prices for favorite sports including NFL, NBA, NHL, MLB, MMA, tennis, and soccer. Just keep your eye out for accentuated events marked with yellow boxes. It means you will be able to relish the fairest pre-match odds on that particular event. Keep in mind that this offer is only available for players who have funded their accounts. The zero-margin bets are accessible to 1000 players per game. However, remember that bets made on zero-margin do not get loyalty points.

As for the Loyalty Points Program, it helps users generate reward points with each bitcoin bet, despite the odds, stakes, or sport in question. What matters, though, is the number of points that vary with these various factors.

For casino games, you get the Cloudbet loyalty points equal to the mBTC stake times your score. Yet, for the sportsbook, the loyalty points you get are equal to the stake times the price score. Take into account that, for casino games, blackjack earns the least whereas slots earn the highest amount.

Deposits and Withdrawals 

The deposit will be credited to your account once it enters the blockchain. Usually, it is a matter of seconds. There are no deposit fees, except the standard network fee in case of using Bitcoin (or whichever crypto coin you use).

Speaking about a Cloudbet withdrawal, they do not hold onto your fair money needlessly with long-pending periods. And, with crypto-wallets, you will see your cash immediately. Technically, it should take a few minutes for it to be executed on the blockchain. However, given that it might take some online casinos half a week to handle a cashout request, calling Cloudbet withdrawal instant is accurate enough.

Prior to withdrawal, you still will be required to complete a one-time verification process. It is a mandatory part of the casino’s licensing requirements. The list of documents to send in includes a photo ID, confirmation of address, and a copy of the debit or credit card you use, if relevant.

Withdrawal limits start at $1 with no upper restriction. In the case of credit card usage, though, the upper will be subject to your payment method. Yet if you are banking with any crypto coin, then there are no limits indeed. 

Bear in mind that you are to turn over the total amount of your deposit prior to withdrawing it. For example, if you deposit 0.1 BTC, you must then place bets for the minimum of a total of 0.1 BTC before you can cash it out. It could be one large bet of 0.1 or a hundred bets of 0.001. 

Security and Anonymity

Given that security is one of the topmost concerns for any online casino, this platform gets player deposits straightaway into cold storage. This way allows keeping them offline and afar from the potent reach of hackers. However, the casino maintains a hot wallet, too, meaning it is online. The designated purpose of the hot wallet is to keep sufficient funds for handling user withdrawals on a daily basis. Yet, even to secure these funds, the website applies high-class protection technology with encryption that is one of the best in the market.

With an easy signup procedure, during which you do not have to provide any personal information, using the platform, for the most part, is anonymous. Most users never encounter any KYC demands.

Even though personal limitations are something multiple serious bettors deal with, you will hardly meet any on Cloudbet. Many bookmakers select to limit their winning clients, yet that is rarely the case with this site. A few stories, when high-stakes players might face some general market limits, were floating around the internet though. 

Customer Service

The site has automated so many parts of its experience, yet it is great to see that customer support is not limited to email only. Live chat option is available, too, and their support team does a perfect job. They are some of the most knowledgeable among other bitcoin sportsbooks’ teams and, most likely, have preliminary experience in online bookmaking. During the daytime, you will normally receive an email reply within a few hours. 

However, it was quite disappointing to find out that the site does not offer phone support. Unfortunately, it makes them less attractive compared to other online crypto casinos and sportsbooks. We would like to urge Cloudbet to add in phone support for their users could quickly reach them via phone for assistance if need be. 

You also will be able to find answers to general questions unrelated to your personal account in a FAQ section.

Verdict

Cloudbet is the only crypto sportsbook with a rewards program, the largest betting limits by a wide margin, and automatic withdrawals. Plus, they realize the importance of effective branding, sleek design, and above all, what gamblers want. They ensure convenience and hassle-free access to favorite and popular online games.

With a few negatives, the site appears one of the best choices for both experienced players and newbies. The former can be attracted by a wide range of cryptocurrencies, while new crypto gamblers could easily start with buying BTC directly from their site.

The potential adding of a few fiat currencies to the payment methods might give users more control and adaptability to react to changes in exchange rates.